Portland Air Freight, Inc. Employee Stock Ownership Plan — Form 5500 plan (Portland Air Freight, Inc.)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Portland Air Freight, Inc. Employee Stock Ownership Plan is a benefit plan reported by Portland Air Freight, Inc. under EIN 01-0384794 and plan number 002. The latest loaded filing year is 2023. The filing reports 135 participants and $45,496,570 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Portland Air Freight, Inc.
- EIN
- 01-0384794
- Plan number
- 002
- Plan type
- 2
- Location
- Scarborough, ME
- Latest filing year
- 2023
- Participants
- 135
- End-of-year plan assets
- $45,496,570
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 135 | H | 20241010151937NAL0040626082001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $45,496,570
- Total liabilities (EOY)
- $7,648,287
- Net assets (EOY)
- $37,848,283
- Net assets (BOY)
- $36,993,878
Income & contributions
- Employer contributions
- $623,249
- Total contributions
- $623,249
- Total income / additions
- $5,716,015
Expenses & distributions
- Benefits paid
- $4,791,627
- Administrative expenses
- $3,050
- Total expenses
- $4,861,610
- Net increase / (decrease)
- $854,405
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.